GOCO.NASDAQGohealth, INC

Form 4: GoHealth COO Mike Hargis Disposes of Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


GoHealth's Chief Operating Officer, Mike Hargis, disposed of 5,545 shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

  • On September 12, 2024, Mike Hargis, the Chief Operating Officer of GoHealth, Inc., disposed of 5,545 shares of Class A Common Stock.
  • The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units granted on September 12, 2022.
  • The price per share for the transaction was $8.28.
  • Following the transaction, Hargis directly owns 245,093 shares of GoHealth, Inc.
  • The final installment of the restricted stock units will vest on September 12, 2025, contingent upon continuous employment.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (disposal of shares for tax obligations) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Future Outlook

The final installment of the restricted stock units will vest on September 12, 2025, subject to the continuous employment of the reporting person through the vesting date.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate insiders who are required to report transactions in their company's stock. The disposal of shares to cover tax obligations is a standard practice.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates

DateDescription
09/12/2022Date of grant for the restricted stock units.
09/12/2024Date of the transaction (disposal of shares).
09/12/2025Final vesting date for the restricted stock units.
09/16/2024Date of signature for the SEC Form 4 filing.

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